Thank You, Mercy Housing Northwest!
We appreciate our member, Mercy Housing Northwest, which owns and operates 54 properties throughout Washington and Idaho, providing over 5,000 families and seniors a place to call home at below-market rent.
Mercy Housing’s Magnuson Place North includes 40 affordable, energy-efficient one, two, or three-bedroom apartments. In developing this property, Mercy restored the former US Naval Barracks at Building 9 in Magnuson Park to create this one of a kind community surrounded by open space, playgrounds, sports fields, and access to Lake Washington.
Furthermore, Magnuson Place benefited from the Federal Low-Income Housing Tax Credit program. As a part of the financing, Mercy had the opportunity to donate to a nonprofit and selected HDC. By donating to our work, Mercy recognized HDC as a systems change organization working through advocacy, education, and leadership to ensure a landscape where affordable housing development is a priority. Magnuson Place is just one example of Mercy Housing’s innovative and collaborative approach to affordable housing and shared vision for a King County where everyone lives with dignity in safe, healthy, and affordable homes.